A multinational enterprise (MNE) is defined as a firm that operates and controls production or distribution facilities in more than one country.
<u>Explanation:</u>
According to Franklin Root MNE is a company that,
- engages in foreign manufacturing or production via its other branches located in several other countries.
- handles direct control over the policies of its own affiliates
- implements various strategies in marketing, manufacturing, staffing and finance that transcend the national boundaries.
In some cases, the ownership of the MNEs are dispersed internationally and these corporations are known as transnational corporations (managed generally from global perspective).
Answer:
If your Costco appliance delivery goes through Innovel, they have delivery windows Monday through Saturday. However, it can take three to four weeks before they receive Costco's item – which is way longer than the promised ten days.
I believe the answer is: environmental circumstances are dynamic and tough to control
Because of this , the best thing that Ben and Chris could do under the situation is adjust their marketing strategy to cater to the unique situation at hand. For example, Ben and chris could reduce the overall price of the product by using cheaper material to attract most consumers.
The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."
With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.
With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.
Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.
Hence, the use of new technology in industry has benefited producers more so than consumers.
To learn more about the producers and consumers here:
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Answer:
To make investments that will grow over time and provide education for less fortunate children
To have a good public image so they can get more customers.
